‘Reckless’ Carillion’s overseas ventures were ‘largely disastrous’

Carillion’s forays overseas were largely disastrous, says a UK Parliamentary report looking at the collapse of the troubled contractor. Citing a 2011...

Construction

UK Government lacked ‘bravery’ as Carillion became a ‘time bomb’

A UK Parliamentary committee formed of MPs representing both Work and Pensions and BEIS (Business, Energy, Industry Strategy) has concluded that the...

Construction

Carillion troubles will not affect Expo 2020 preparation

Expo 2020 Dubai says it is “closely monitoring” the financial problems of Carillion in the UK, a 49% shareholder in Al Futtaim...

Construction

Carillion crisis – Regional projects will continue, 49% stake in AFC could be sold off, say analysts

Following the news that UK contractor Carillion had entered compulsory liquidation, analysts in the UAE have said that ongoing projects, including its...

Construction

UPDATE: Carillion enters compulsory liquidation

Carillion, the UK's second largest construction company, says that talks over the weekend with the UK government, banks and other stakeholders have...

Construction